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. and carney saying that tomorrow is a big day and everybody has to either come to an assessment that we can do a significant deal and they were talking of course of the $4 trillion deal until the republicans pulled the plug on that last weekend, and they have to come in friday, and friday is shaping up to be something of a deadline, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from somethi
were picked up in a big fbi raid this week. the justice department says the woman is part of a collective that attacked several wreb sites. she's under a judge's orders not to use the internet except to talk to her lawyer. >>> the nikkei and hang seng closing up. kristie lu stout standing by. markets rallying on the heels of this debt bailout plan for greece. >> that's right. european leaders meeting in brussels have finally reached a deal to give greece a second bailout. that has been well received on the global stock markets, uk, french and german markets all on the rise. the nikkei in japan closed higher. the euro continued to rise further against the u.s. dollar. european policymakers believed this deal, which is worth almost a quarter of a trillion dollars will contain europe's debt crisis and give greece more breathing room. >> some say this rescue plan is not going to be enough to solve long-term problems in greece or the eurozone. >> that's right. the markets are rallying right now. there is fear among european leaders, fears that imposing losses on greece's lender
, and maria. big congratulations to all of them. >> great to see that. al has the morning off. let's get the weather from the weather channel's maria la rosa. >> here at home, the weather is quiet, at least for now. as we head into the afternoon, a few widely scattered showers and thunderstorms. otherwise, partly cloudy. >>> willie, back to you. >> maria, thanks. >>> new details this morning about the apparent unraveling of the sexual assault case against former imf chief dominick strauss-kahn. this just days after he was suddenly released from house arrest. nbc's jeff rossen is with us with more. jeff, good morning. >> willie, good morning to you. he really hit the town this weekend. literally overnight dominick strauss-kahn went from ankle bracelets to freedom. he can go anywhere he wants in the country but yet he remains in new york near the scene of the alleged crime. this morning we're learning more about the case and hotel made sto maid story. within hours of his release, dominick strauss-kahn flashed a smile and took his wife to dinner. the man who sat in a kril at rikers as an ac
that would have reduced spending by $4 trillion over the next decade. but if mr. boehner wanted to do a big deal, the majority leader eric cantor threw cold water all over it saying that the congressional republicans would reject any revenue increases as part of the deal. as for the president, he said that he is willing to take political hits from his own party, but not at the expense of struggling americans. >> i am prepared to take on significant heat from my party to get something done. i expect the other side should be willing to do the same thing if we are going to actually solve the problem, there are finite number of ways to do it. if you don't have revenues, it means you are putting more of a burden on the people who can least afford it. that's not fair. >> nbc's kristen welker is live at the white house. kristen, the president spoke about his willingness to take in his words significant heat from his own party in reaching a compromise, and he was clearly suggesting that the republicans must do the same, but will they? >> well, it is an interesting question at this point the two sid
have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> howard dean, look wh
republican presidential candidates have money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and
? >> they are being called to testify in parliament. the big story today is that the political parties are all going to get together, go to parliament and they're all agreed to support a motion that rupert murdoch, his bid to acquire bskyb, the cable operator here, should not go through. that is really rare, ali. it's not legally binding. who knows if he'll care or take notice. the other big story making news here is that the senate commerce committee chairman jay rockefeller is calling for an investigation saying, look, if "news of the world" was hacking u.s. citizens and 9/11 victims. he says this should be taken seriously and there should be an investigation. the big topic on that is how much is it going to affect rupert murdoch's empire in the u.s. as well? >> costing a lot of money in the stock. cost the stock about 14%, more than $7 billion since this really thickened about a week ago. let's talk about this former survivor producer facing expedition to mexico on a charge he murdered his wife. >> right. a judge basically said there was enough evidence to send him back to mexico to face trial, r
of some instruments that could -- showing, you know, trouble in the lending market. >> the big question is, will washington let that happen, and right now that answer is not any clearer than it was yesterday morning. we begin with breaking news, though. this titanic struggle that's continued to go on right now to end the debt crisis before next tuesday's deadline. here's a live look at the capitol where overnight, infighting among republicans forced house speaker john boehner to yank his debt bill. they thought there was going to be a vote last night. there is hope he will try to pass it again today. in four hours the speaker will again sit down with fellow republicans and again try to entice just a handful of hardline conservatives to fall in line. >> the bill's not perfect. i never said it was perfect. nobody in my caucus believes it's perfect. but what this bill reflects is a sincere, honest effort to end this crisis in a bipartisan way to send it to the senate where it can receive action. >> now the speaker's bill would cut $900 billion from the budget over ten years in exchange for a
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
>>> good day. i'm in for con tesz ya brewer. we're covering the big news from coast to coast. the hot topic is just that. we're talking about the sorching summer heat. >> beautiful weather out there if you love heat and humidity. today will be the hottest and most humid day of the summer. >> today? >> look at the numbers. right up into the triple digits. >> dallas has been baking in 100 degree temperatures for ten straight days. >> horrible. horrible. >> near hudson, texas, it's not the heat or the humidity, that's the drought. >> oouf never seen it like this. >> across the south temperatures are soaring and water levels are sinning. it's so bad a south georgia man is sharing the water from his pool. >> we're carrying buckets of water back and forth to the neighbors. >> in the midwest oppressive heat claimed one life. a man found dead inside his mobile home on sunday, the air conditioner wasn't working. >> this is oppressive and dangerous heat affecting more than 20 states and more than 90 million people. >> there are heat advisories or warnings in 24 of the 48 lower states.
. >>> the big business of gay marriage. one day before same sex couples tie the knot in new york, how some companies are planning to cash in. >>> good morning, everyone. i'm alex witt. welcome to msnbc saturday. we have two developments in two deadly attacks carried out in norway that left 91 people dead. police have one man in custody suspected in both attacks. one was a bomb set off in downtown oslo, and the other happened not long after when a gunman went on a shooting spree at a teen summer camp at an island outside of oslo. martin fletcher joins me on the phone from oslo. martin, let's talk about what police are revealing about the suspect. what do they know? >> reporter: well, alex, he's 32 years old, and he's a norwegian. interestingly on his facebook page he updated his facebook page just a week ago, and on that he called himself a conservative and he called himself a christian and he said his favorite hobby was hunting. so this paints a picture of a man who seems to be -- well, how can you describe such a person? radical of some kind. the police are saying it looks like it was the
for a lot more spending cuts later on. they are running out of room to cut. you will remember the big spending bill earlier this year cut tens of billions of dollars. so if you take a step back and you look at the entire forest there's a lot of spending cuts going on. lot of real spending cuts democrats are arguing that they are going to hurt a lot of people. so those certainly are accounting tricks. in terms of that last little margin to get to the point where they are cutting more than they are raising the debt ceiling which is what republican leaders wanted to do, they needed to rely on some creative use of cbo accounting methods. >> right. this is also interesting, though. even if he does get john boehner, that is, the house, even if he does get the conservatives to fall in lynn and go ahead and vote for this, there seems to be question about whether it will get out of the senate. have you 53 senators, two independents, included who said they are not going to support boehner's proposal. now we are looking at another proposal perhaps harry reid's proposal which the cbo also downgra
boehner is still considering and still probing with the white house the possibility of a big deal that would be nearly $4 trillion in deficit reduction and include $800 billion in added tax revenues over the next ten years. if he goes this route, i am told he will face a revolt from his republicans in the house, including his fellow leaders, eric cantor, kevin mccarthy. it's a very risky move for him but i'm told he's still considering it. >> treasury secretary tim geithner joins me now. he would have to manage the chaos if the united states defaults for the first time in history. secretary geithner, thank you for being here. well, you just heard what jonathan said about what's on the table. is it possible that there will be a framework deal in place by 4:00 p.m. this afternoon. >> i hope so. again, both leaders recognize they're running out of time. they need to get this process moving in the house by monday night to achieve that deadline. they need to have a framework that they know with complete confidence will pass both houses of congress and is acceptable to the president and
it for someone you love. >> i mean, is a big part of the problem here convincing the american people that these cuts won't be devastating? >> absolutely it is. look, we've got a problem in this country, chris. we want more government than we're willing to pay for. and that's coming to a head in this debate over debt deficits and raising the debt limit. those ads protesting against some of those cuts to some degree help the democrats in the obama administration make the case that we need more revenue. we can't do it all on the spending side. democrats have been trying to make the case that the spending cuts they're for are not hitting beneficiaries directly, but that becomes a difficult argument to make, the more interest groups connected with medicare and the health care system get hit. >> all right. john harwood, got od to see you. i want to bring in "washington post" columnist ezra kline. good to see you. >> good morning. >> what's the dels' strategy here? >> these cuts are not necessarily new. they're on a charm offensive, i'd say, to say that, look, we've put everything on the ta
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
. how exciting. >> they match. >> they do match. >> the big news of the day, yesterday, of course, was moody's coming out and saying, listen, we don't expect this to happ happen. the chances are slight this is going to happen. just the chance it may happen, we are going to downgrade america's credit rating. >> we are going to put it on credit watch to downgrade it or we will downgrade it if it happens. first of all, the rating agencies were behind the curve during the whole financial crisis and they took a lot of heat for that. now they are trying to be more proactive. when you have a congress that refuses to address the issue, what do they do? it's not a shocker. it's another symbol of how dysfunctional things are in washington and what the stakes are and how dangerous it is. you know a few people across the globe. >> i like it when mika says it better. >> say international financeer. >> i would think these are trying times for banks across the world. look at ireland a second time. it's spread to italy. we have all heard -- greece, portugal. it's all across europe. it's coming to
't get licensing for all sorts of things like fishing and what not be, and it's a big recreational state. it cost the state millions in be lost revenue from lottery sales, tax audits, park fees and licensing fees, so on and so forth, but now they can go ahead. some state officials now saying, though, it may take some time to get programs back up and running so they can be moneymakers again for the state. and those 22,000 state employees can go back to work, but it's kind of a phase-in situation. so the big headline in all of this is the longest-running state shutdown in a decade in this country now has come to a close with the governor making an agreement with leading republicans in the state of minnesota. now back to you guys. jenna: hi, everybody, so glad you're joining us today, i'm jenna lee. jon: and i'm jon scott. we are here in the fox newsroom and "happening now," brand new numbers in the race for the white house. "the wall street journal" poll shows tea party favorite michele bachmann is surging. jenna: she's not the national leader, though, that title goes to mitt romney. jon:
. republican congresswoman michele bachmann is in iowa, home to the iowa caucuses. the first big election event in 2012. cnn's shannon travis is the only reporter to speak with bachmann today, and he asked her why iowa is so important. >> iowa's the first in the nation. it's very important to be here and have a presence here because the values and the opinions that people have in iowa count. they count for the nation. so it's important that we come here. had is the bread basket of the world for a reason. this is where the food is grown, we have the best farmers in the world here in iowa. so it's important to come and listen to what people have to say in iowa and take that message back to washington, d.c. >> michele bachmann has been on a roll recently joining mitt romney in a recent iowa poll. she officially kicked off her campaign in iowa last month. >>> 4th of july celebrations in minnesota have been scaled down for this weekend. state parks, the state zoo, even race tracks are all closed right now. a budget stalemate has shut down almost all of minnesota's state business. closed signs went u
idnew ideas >> reporter: they're pushing for the big deal, a lot of pain at one, entitle tks. president obama outlined the plan and said, you can't expect seniors to give up $500 when you went own ask for $5 from people like me. wealthy individuals. >> jon, the leader mitchell mcconnell is looking at a contingency plan which could be a short-term extension. >> reporter: he's tight-lipped about what they mean. they could give him a chance to accept that which he ruled out or one with no tax increases. >> the president very clear on that. >> reporter: he said he's not signing any short-term plans. the debt ceiling needs to be raised until 2013. he will not sign what mcconnell is talking about. >> 20 days to go. thank you very much. >>> the republican presidential nomination, kind of shippings to michele bachmann and that is bringing scrutiny ross ron maintained undersaavedra available that bachmann owns about her husband and shows staff trying to turn a gay person straight. this kind of conversion is something that they deny doing. >> these new undercover tapes calls into question what's
: the "the washington post" had a big front pager. apparently everybody from dianne feinstein, barbara were reportedly really upset and demanding answers from the top guy there jack lou on what this deal is w. boehner saying wait a second. >> you may be about to sell us out here. the democrats actually could, some are thinking, be the ones to scuttle any deal in the senate because of cuts, actually. >> bill: well, and this is the president's major mistake. he is not articulated to anybody what his vision is for getting out of this debt jam. let's be really simple because i'm a simple guy as you know, laura. first thing is under president obama we are now running up a debt at $4 billion a day. all right? nobody has ever come close in the history of this country to spending this much money $4 billion every single day is added to the debt. that's on the president's plate. he can make excuses for it he can do a little dance, but that is the fact, jack. so now the president has to say here's how i'm going it get the debt down, exactly he won't say it not only are republicans fearous about the de
is the big bad government is a threat to us. the consumer protection bureau as most americans understand is the government protecting them from abuse by private financial institutions. and they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. and that's why we are fighting so hard for it. >> congressman barney frank, democrat of massachusetts, ranking democrat on the financial committee. thank you for your time tonight. >>> texas governor, and gonna run for president guy, rick perry made a very surprising decision today that is going to upset some of his most ardent supporters. i'll tell you about it with a smile when i come back. >>> there are two things happening in rick perry's political life that are on a collision course. the first thing is that he plainly is going to run for president. he is leaking to the press that his wife wants him to run, she is actively encourage ing him to do it. he jus
in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> minding your business this morning. investors on edge about financial instability in europe. stock futures trading lower after moody's downgraded portugal's credit rating to junk and markets closed almost flat yesterday. >>> president obama inviting democratic and republican leaders to a meeting at the white house thursday. thursday. to discuss raising the debt ceiling. if lawmakers can't come to an agreement by august 2nd the treasury department says it will not be able to pay all of its bills on time. >>> a facebook about to unveil what it calls something awesome. so far the social network won't say exactly what it has in store for today's announcement but the buzz is it's some sort of partnership with skype. >>> twitter shopping for another round of private financing according to the "wall s
appearance yesterday the big question is can he hold on to his company? abc's jeffrey kofman is in london this morning. good morning. >> reporter: a frail rupert murdoch and his defiant son tried to save the family empire but a report released this morning accuses their company of deliberately trying to block an investigation. not good news for rupert murdoch or the prime minister here. the murdochs and their empire are not out of trouble yet. far from it. the report released this morning finds their company deliberately tried to thwart a police investigation into the "news of the world" widespread phone hacking and police bribery. this morning it is the prime minister's turn in the hot seat. at this moment he is the focus of an emergency session of parliament. trying to contain the scandal that has led to calls for his resignation. >> people desperately want us to put a stop to the illegal practices to ensure the independence and effectiveness of the police and to establish a more healthy relationship between politicians and media owners. >> reporter: this follows a carefully rehearsed e
for big businesses. >> if everybody else is willing to take on their sacred cows, i think it would be hard for the republicans to stand there and say that the tax break for corporate jets is sufficiently important. >> reporter: republican senator john cornyn fired back. >> what i'm concerned about is the president by not seriously putting a proposal forward but rather just criticizing those who have, will run it up against the deadline. >> reporter: meanwhile the people vying for the president's jobber were also hard at work this weekend. former utah governor jon huntsman barn stormed in new hampshire, which hosts the nation's first primary. minnesota representative michele bachmann was out in full force in iowa, six weeks ahead of the state's straw poll. she is running neck and neck with presumed front runner mitt romney, according to a recent state poll, and this weekend she tried to build on that nmomentu. lesser known candidate businessman herman cain, also tried to shore up support in the hawk why state, stumping at a godfather pizza, the company he used to run. the seoul african-amer
. if you are going to rule out medicare now and say yeah, we are going to make big cuts but rule out medicare. that means democrats are focusing on 10%, discretionary spending that is our investments, r & d, education, infrastructure. the things we need to double and triple down on. the things we can afford to do in trying to catch up with china if we take care of the long-term structural debt on taxes, on health care and these other issues. >> yeah, we talked about the fact our health care system is at least 50% more expensive procedure by procedure than any other place in the world. we have this grip on a lot of the health care sector. we need health care reform. this is obvious. but it's been obvious for years. they don't do it on either side. >> coming up, connecticut governor dannel mall low. >> he's going to yell at you. >> i think he's in for a fight, yeah. yeah. >> mika is mad. she's not putting up with it anymore. >> this is incredible. sexual assault allegations against strauss-kahn. why it's on the verge of collapse. >> he was in yonkers at the time. come on. >>> first, he
as she stepped into the night and into a waiting suv. big smile on her face there. that suv drove away that's the last the public saw of casey. according to attorney chany mason that's some of the last we'll see of her for some time. >> i think if you're waiting to see her in court again, you'd better get a rocking chair. as far as all the rumors about paid interviews and books and movies there's been no truth to any of that. nothing has been agreed to in any capacity whatsoever. >> we're live in orlando, are you getting any clues about her whereabouts? >> reporter: not really. she really did vanish. her team here, her legal team effectively did what they wanted to pull off. she left the jail here, got into that suv, drove down the road right here which was closed off. there was nom news helicopters that chased. but there were a variety of s.u.v.'s out there. when they got into downtown it was sort of hard to keep track of which was which behind the buildings. next thing you know the news choppers lost her in the darkness downtown. then there was at an airport one of the s.u.v.'s had g
. as you say, the president has said he wants this big deal, but this thing broke up today. the meeting ended with the president telling these leader toss go back to their members and ask them what do they think can pass and then report back to the president with something that they believe can pass by this saturday morning. they're not even having a meeting tomorrow. now, despite all that, i am told by my sources that there's not a lot of optimism that this particular negotiating process here at the white house is going to actually end up lead together real deal, and a lot of effort and attention is now turning to a different process that's happening in the u.s. senate and another all the ate deal that's being worked out between the two senate leaders that could instead end up raising the debt ceiling. a lot of hope is centered there, anderson. >> basically what is that deal, that negotiation based on? harry reid and mitch mcconnell? >> reid-mcconnell deal. it would effectively raise the debt ceiling in a negative vote which would allow for spending cuts that can be spelled out by the
Search Results 0 to 49 of about 90 (some duplicates have been removed)